For Sale

271 Thomas Street, Peterborough, Ontario K9J 5E7

$999,500

271 Thomas Street, Peterborough, Ontario K9J 5E7 is For Sale and has a listing price of 999,500. The property is located in the Peterborough . It's been on the website for 13 Days.

  • Duplex
    Property Type
  • 12
    Bedrooms
  • 4
    Bathrooms
  • Parking
  • MLS ID: X12568548
  • Office Name RE/MAX HALLMARK EASTERN REALTY
Property Description

WOW. Fully renovated, turnkey licensed Large Rental Dwelling with 12 sparkling rental rooms. Projected NOI approx. $85,000. Excellent opportunity to own a fully renovated and upgraded, licensed Large Rental Dwelling with strong income and quality tenants. This clean, well-managed side-by-side duplex has been modernized top to bottom, including 100% new flooring, updated kitchens, renovated bathrooms, and numerous additional upgrades throughout. Each side offers 6 bedrooms, 2 full baths, a full kitchen, and an unfinished basement with laundry. Rent includes utilities, laundry, and internet. Some rooms come fully furnished. See Documents for list of inclusions and recent upgrades since August 2022. One side also includes an unfinished room with potential to create a 13th bedroom for increased revenue. Forced-air gas and central a/c both sides. Excellent cash flow. Don’t miss this opportunity!

Property Details
  • Property Type: All Houses
  • Listing Type: For Sale
  • Listing ID: X12568548
  • Price: $999,500
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 85.2
  • Ref ID: X12568548
  • Approx Sqft: 2500-3000
  • Dir / Cross St: Thomas & King
  • Status: Active
  • Tax Year: 2025
  • Approx Age: 100+
  • Property Type: Duplex
  • Property Sub Category: Duplex
Price History
List Date MLS ID List Price Status End Date Closed Price
11/22/2025 X12568548 $999,500 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Peterborough
  • $670,799 Average List Price
    based on 1 year
  • 180 New Listings
    based on 30 days
  • 45 Median Days on Market
    based on 1 year
  • List vs. Selling Price 88.53 % Up
  • Sold (12mo) 489
  • Rented (12mo) 97

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -
Walkscore
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style 2-storey
  • Washroom Type1: 2
  • Garage Type Y
  • Parking Spaces: 4
  • Exterior Brick
  • Kitchen 2
  • Parking Y
  • Family Room: 1
  • Washrooms Type 1 # Pcs: 4
  • Washrooms Type 2 # Pcs: 4
  • Washrooms Type 3 # Pcs: 3
  • Washrooms Type 2: 1
  • Washrooms Type 3: 1
  • Taxes: $5,838
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBA
  • Listing Entry Date: 22/11/2025 00:33:27
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